Tag: Forex trading strategies

The US jobs report for September exceeded expectations, with non-farm payrolls increasing by 254K compared to the anticipated 140K. The unemployment rate fell slightly to 4.1%, almost reaching 4.0%, and the participation rate remained...

The US dollar made a strong comeback this week due to positive economic data and safe haven flows after tensions in the Middle East. Fed Chair Powell's comments about sticking with quarter-point rate cuts...

The NZDUSD currency pair is currently on a downward trend, reaching new lows for the day and retesting the previous day's low around 0.6263. This level is below the 38.2% retracement of September's trading...

The Euro's attractiveness has decreased recently due to expectations of rate cuts by the European Central Bank (ECB). This is influenced by weaker economic data and comments from policymakers indicating a dovish stance. The...

Weekly Forex Market Analysis (23-27 September)As we look ahead to the upcoming week in the forex market, there are several key events and data releases that traders should keep an eye on. From flash...

EUR/USD Weekly Forecast: Comprehensive Analysis and Future ProjectionsThe EUR/USD pair experienced a significant rebound last week, indicating that the correction from 1.1200 may have reached its conclusion at 1.1001. This development suggests that the...

EURUSD Technical Analysis: Support Holds, What's Next?Earlier today, in the kickstart video, the key support level for the EURUSD was outlined between 1.1131 and 1.11399. The price action today saw the low price stall...

Fed Rate Cuts Begin: Forexlive Americas FX News Wrap 18 SepThe Federal Reserve Bank kicked off the easing cycle with a significant cut of 50 basis points, marking a shift in policy stance away...

Key Economic Data Report for Forex TradersIn the ever-evolving world of forex trading, staying informed about economic data releases is crucial for making informed decisions. The Eco Data Report for September 18, 2024, provides...

Anticipating Larger Fed Rate Cut Impact on USDLast week, there was a significant buzz in the financial markets as WSJ's Timiraos hinted at the possibility of a 50 basis points (bps) interest rate cut...